Venterra Realty Secures $50M Loan For Multifamily Properties In San Antonio & League City
FINANCED
$50,000,000
Texas
See Similar DealsMultiFamily1,102 SF
Financed 01/15/2021
FINANCED
Venterra Realty Secures $50M Loan For Multifamily Properties In San Antonio & League City
5455 Rowley Road, San Antonio, TX, USA
See Similar DealsMultiFamily1,102 SF
Financed 01/15/2021
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$45,372
Total Square Footage:1,102 SF
Transaction Type:Loan
The Fairways at South Shore in San Antonio and The Palazzo in League City have secured a combined $50 million in loans. Venterra Realty, the landlord of both properties, obtained a $40 million fixed-rate loan from Freddie Mac for Fairways at South Shore. Additionally, they secured a separate $10 million fixed-rate loan from Fannie Mae for The Palazzo.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $50,000,000
- Market: San Antonio & League City
- Address: 5455 Rowley Road & 3045 Marina Bay Drive
- Landlord: Venterra Realty
- Lender: Colin Cross - lument''>Lument
Colin Cross from Lument served as the lender for both loans. This financing arrangement strengthens the position of Venterra Realty as they continue to invest in and manage properties in the San Antonio and League City markets.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$50,000,000.00
Monthly NOI$333,333.33
Monthly Debt Service$316,034.01
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions